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melissa: turning it another story, superstorm sandy, the relief bill. it will be a top prooirt in the new 113th congress which begins today. they are blastings their own party from newly reelected speaker john boehner on down for failure to pass the package. critics say it is stuffed with pork and a lot of taxpayer money is going up in smoke. with me from one of the states hit the hardest, new york congresswoman carolyn maloney. congresswoman, thanks so much for joining me. i want to get right to it here because i know you have a very busy day there. threat's -- let's talk -- >> we sworn in and elected leadership and should have passed sandy last year. good to be with you today, melissa. melissa: one of the reasons and issues it didn't pass a lot of people were concerned what they saw as pork in there. for example, there are $60 million set aside for the epa to support climate change issues. do you think that this is the right time to tackle something like that? i mean we don't even know where this money is necessarily going when you have so many people
melissa: turning it another story, superstorm sandy, the relief bill. it will be a top prooirt in the new 113th congress which begins today. they are blastings their own party from newly reelected speaker john boehner on down for failure to pass the package. critics say it is stuffed with pork and a lot of taxpayer money is going up in smoke. with me from one of the states hit the hardest, new york congresswoman carolyn maloney. congresswoman, thanks so much for joining me. i want to get right...
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giving you a lot of reasons for this most of which they seem to believe was superstorm sandy that hit the big shopping areas and 5 lot of the big -- a lot of the big population centers on the east coast, and people there in new york, new england did not shop, and that was sufficient enough to bring down the numbers nationwide. there was a built of a rebound prior to christmas, but not enough to put us back on track for what the national retail federation says is their prediction for the holiday shopping season. 4.1% growth over last year, $586 billion season, but others say, no, nrf is off, and, in fact, shopper trek on monday revised from 3.3% to 2.5% growth. expect to see big sales, especially when you consider, nrf says, i think, that retailers make anywhere from 20% to 40% of revenue in the holiday shopping season, could be bad news for a lot of people. ashley: could indeed. adam, thank you very much. >> yep. ashley: there's a holiday hangover today, no doubt about, that but they have to help customers know when a sale is a sale. scott, bbc capital markets retail analyst joining m
giving you a lot of reasons for this most of which they seem to believe was superstorm sandy that hit the big shopping areas and 5 lot of the big -- a lot of the big population centers on the east coast, and people there in new york, new england did not shop, and that was sufficient enough to bring down the numbers nationwide. there was a built of a rebound prior to christmas, but not enough to put us back on track for what the national retail federation says is their prediction for the holiday...
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Dec 27, 2012
12/12
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sandy for their slow response getting lights turned back on. we have seen a lot of plows going in tandem trying to work the roadways. officially possible but salt trucks have been out and about but some folks in upstate new york are used to lake effect snow but this first storm of the season, off-guard. >> you can never be prepared for this kind of stuff i don't care how long you live here, you can never be prepared for this kind of stuff. it is cold. it has got to get done. >> roadways are absolutely nasty in some places. listen to what some commuters are saying. >> a little bit slippery. you have to drive slow because you see accidents everywhere. >> the main roads were eyes. everyone was averaging 15, 20 miles an hour. >> more than 500 flights have been canceled, 1600 flights canceled yesterday. as far as airports go there running on a two hour delay at la guardia. liz: stay warm. lori: how will this affect retail sales which are coming off of the worst holiday season for years? joining me with some answers, evan gold, analytic senior vice p
sandy for their slow response getting lights turned back on. we have seen a lot of plows going in tandem trying to work the roadways. officially possible but salt trucks have been out and about but some folks in upstate new york are used to lake effect snow but this first storm of the season, off-guard. >> you can never be prepared for this kind of stuff i don't care how long you live here, you can never be prepared for this kind of stuff. it is cold. it has got to get done. >>...
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sandy. we'll bring you the comments live. tracy and ashley will take you through the next hour of "markets now". here they are [ male announcer ] where do you turn for legal matters? at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer advice. with an "a" rating from the better business bureau legalzoom helps you get personalized and affordable legal protection. in most states, a legal plan attorney is available with every personalized document to answer any questions. get started at legalzoom.com today. and now you're protected. ♪ [ male announcer ] this is karen anjeremiah. they don't know it yet, but they' gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy l
sandy. we'll bring you the comments live. tracy and ashley will take you through the next hour of "markets now". here they are [ male announcer ] where do you turn for legal matters? at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions...
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superstorm sandy destroyed 72,000 homes, but congress failed to act on the recovery bill there. the senate approved a 60 million dollar measure friday, the house did not vote on it. both republicans and democrats from the northeast especially, they're not happy with it. here is new york congressman michael grimm. >> and lost family members and now, i have to go home and tell them their new years gift they're going to wait even longer, even longer for something they should have had over a month ago. stuart: okay, fair point, but look, we've got to point out that the senate bill was loaded with pork, help for alaska's the vote was not taken on the sandy relief measure. you remember the newspaper that published the names of gun owners in new york counties? those gun owners were outraged. now, you won't believe how that newspaper is responding. that will be new at 10. and also, the top of the hour, the n.r.a. calls for armed guards in every school and now one town in new jersey, following through with its plans to put guns in schools starting today. back to nicole, we've got the dow
superstorm sandy destroyed 72,000 homes, but congress failed to act on the recovery bill there. the senate approved a 60 million dollar measure friday, the house did not vote on it. both republicans and democrats from the northeast especially, they're not happy with it. here is new york congressman michael grimm. >> and lost family members and now, i have to go home and tell them their new years gift they're going to wait even longer, even longer for something they should have had over a...
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the idea that we're sitting here over two months from superstorm sandy and it is occurring to both democrats and republicans they might get an aid bill passed? this is the kind of nonsense that has got to end, these desperate, last-minute urgent measures. oh, yes, the president wants to come back and do a little more of that. he wants to do that with immigration reform. people should by now be getting wise to and sick of obama your againsy, which really means procrastinate to the last moment, set it up so that somethings had to be done before you think, before you read, know, understand, contemplate or a have a vision of the future trying to construct at a legislature. no one has the guts in that town, republican or democrat to tell the president to go to hell. melissa: it is really painful job. talk about service to your country originally what a politician was about going to in to help serve your community. >> which one much these men or women, put this in context right now, which one of these men or women serving in the senates senate or the house of representatives has sacrificed much af
the idea that we're sitting here over two months from superstorm sandy and it is occurring to both democrats and republicans they might get an aid bill passed? this is the kind of nonsense that has got to end, these desperate, last-minute urgent measures. oh, yes, the president wants to come back and do a little more of that. he wants to do that with immigration reform. people should by now be getting wise to and sick of obama your againsy, which really means procrastinate to the last moment,...